![]() ![]() Designed to help you organize, schedule, and manage your daily to-dos, a PMS will help you put your vacation rental property on autopilot. How Property Management Systems Provide a Competitive Advantageĭespite obstacles and barriers in the vacation rental industry, managing a short-term rental property is an excellent way to turn your vacation home into a means to economic empowerment.įor hosts looking to grow their business, a property management system (PMS) can add extreme value and competitive edge. If you run a vacation rental business, more people than ever before are booking long- and short-term stays. All of these factors contributed to the company’s increased occupancy and revenue. Guests are becoming more flexible in when and where they can book trips, and many are interested in long-term Airbnb stays of 28 days or more. This is a 27% increase compared to Q3 2019. According to their report, hosts earned $12.8 billion in income from Airbnb in Q3 2021. Does this mean it’s no longer profitable to run a short-term rental business? Not necessarily.Īirbnb recently released their Q3 financial results for 2021 - the vacation rental giant had their best quarter to date. ![]() Running any sort of business presents immense challenges, and with increased Airbnb cleaning costs, the same is true for the vacation rental industry. What Does This Mean for the Vacation Rental Industry? In fact, the marketplace of professional cleaners on TurnoverBnB’s premier property management software has increased 93.8% since November 2020. These online groups also support the growth of an independent workforce, a trend we’ve seen explode as the pandemic has allowed thousands of Americans to work from home. One of the top ways to combat these increasing costs and the underlying issue of labor shortages is by accessing professional cleaners through online marketplaces.īy allowing short-term rental hosts to bid on the cleaning services they need, marketplaces help keep rates competitive. This means that manufacturers are making less plastic-containing cleaning products and having to charge a higher price for them.Ĭleaning companies are having to spend more on supplies and equipment and, in turn, are charging vacation rental hosts and homeowners more for their services.Īdditionally, worldwide labor shortages are making it harder than ever to hire and retain reliable cleaning professionals. One of the key ingredients in making plastic, resin, is at a worldwide shortage. Many cleaning supplies - such as spray bottles, vacuum cleaners, and toilet brushes - are made of plastic or have plastic components. Why Are Airbnb Cleaning Service Costs Rising?Įverything from gasoline to a gallon of milk has seen a price increase in the past couple of years, and cleaning supplies and equipment are no exception. But in order to combat this change, it’s first important to understand its causes. The rising cost of cleaning services may sound alarming to vacation rental hosts and cleaning company administrators. The 2-bedroom national average was $74.18, and a 3-bedroom rental property had an average cleaning cost of $104.76.Įach property size saw increased cleaning costs compared to the previous quarter, with an average increase of 3.83%. The national average cleaning cost for a 1-bedroom vacation rental in Q3 2021 was $55.93. ![]() It also highlights the three highest and lowest cleaning costs by state for a 1-bedroom property. The infographic below, compiled using data from TurnoverBnB’s vacation rental cleaning platform, depicts the national average cleaning costs for 1-, 2-, and 3-bedroom vacation rental properties. Regardless of whether a short-term rental property is cleaned by the host or a professional cleaning service, a proper turnover cleaning requires time, energy - and money. One major aspect of the vacation rental industry is cleaning. Vacationing in an Airbnb was entirely out of the question.Īfter nearly two years of quarantines, face masks, and vaccination efforts, what is the state of the vacation rental industry now? Airbnb Cleaning Cost National Averages in Q3 2021 During some points, in some corners of the world, people couldn’t even gather to picnic at the park. The vacation rental industry took an immense hit during lockdowns and travel restrictions. It’s widely understood that the recent pandemic has had a profound impact on industries across the globe. ![]()
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